Common use of Representation or Warranty Incorrect Clause in Contracts

Representation or Warranty Incorrect. If any Borrower representation or warranty contained in this Agreement, or in any application, financial statement, certificate, or report submitted to the County in connection with any of the Loan Documents, proves to have been incorrect in any material respect when made.

Appears in 22 contracts

Samples: Development Loan Agreement, Home Loan Agreement, Hopwa Loan Agreement

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Representation or Warranty Incorrect. If any Any Borrower representation or warranty contained in this Agreement, or in any application, financial statement, certificate, or report submitted to the County in connection with any of the Loan Documents, proves to have been incorrect in any material respect when made.

Appears in 7 contracts

Samples: Community Development Block Grant Agreement, Subrecipient Agreement, Neighborhood Stabilization Program Loan Agreement

Representation or Warranty Incorrect. If any Borrower Any representation or warranty of Borrower contained in this Agreement, or in any application, financial statement, certificate, or report submitted to the County in connection with any of the Loan Documents, proves to have been incorrect in any material and adverse respect when made. Provided, however, after completion of the construction of the Development, Default may be declared under this subsection only if the failure of representation or warranty also has a material adverse effect on the operation of the Development.

Appears in 2 contracts

Samples: Construction Loan Agreement, Loan Agreement

Representation or Warranty Incorrect. If any Borrower representation or warranty contained in this Agreement, or in any application, financial statement, certificate, or report submitted to the County in connection with any of the Loan County Documents, proves to have been incorrect in any material respect when made.

Appears in 1 contract

Samples: Disposition, Development, and Loan Agreement

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Representation or Warranty Incorrect. If any Borrower Any representation or warranty of Borrower contained in this Agreement, or in any application, financial statement, certificate, or report submitted to the County in connection with any of the Loan Documents, proves to have been incorrect in any material and adverse respect when made.

Appears in 1 contract

Samples: Construction and Permanent Loan Agreement

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